Gas – Natural gas futures slipped 1.7 percent as investors cashed in on earlier gains. Elsewhere, Tanzania approved a gas policy while Egypt continued to contemplate policy changes.
Articles Tagged "Tanzania"
Nickel – Mining Weekly reported that IMX Resources Ltd. (TSX:IXR,ASX:IXR) has agreed to a farm-in agreement with MMG Exploration Holdings Ltd. for its Nachingwea project, which includes the Tanzania-based Ntaka Hill nickel sulphide deposit. The deal is worth $60 million.
Iron – Tanzania is set to become the fourth largest iron producer in Africa once production at the Liganga iron project starts within five years, reported DailyNews. The country would produce a million tonnes per year.
Gold – Frequent robberies and a proliferation of small arms in the Great Lakes region may lead African Barrick Gold (LSE:ABG) to close the Tulawaka Gold Mine, reported AllAfrica.com.
Rare Earth – Peak Resources (ASX:PEK, OTCQX:PKRLY) has successfully produced the third separated high purity rare earth oxide (REO) from its Ngualla REE project in Tanzania.
Graphite – Uranex Ltd. (ASX:UNX) provided an update on its wholly owned Nachu project, commenting that the first five (of eight) planned trenches have been completed and include "very significant" intersections of graphitic schists.
Rare Earth – Montero Mining and Exploration Ltd. (TSXV:MON) announced updates on the study done on the bastnaesite-rich carbonatite material from the Wigu Hill Rare Earth Project in Tanzania.
Rare Earth – Montero Mining and Exploration Ltd. (TSXV:MON) announced that they received an EIA Certificate the their Wigu Hill project in Tanzania.
Diamond – AllAfrica reported that Tanzania's Williamson diamond mine, which is majority owned by Petra Diamonds Ltd. (LSE:PDL), has a potential mine life of over 50 years, although the current mine plan only accounts for 18 years.
Graphite – Kibaran Resources Ltd. (ASX:KNL) announced that it has intersected high-grade flake graphite via trenching at its Tanzania-based Mahenge project. The top result is 117 meters at 10 percent graphitic carbon.